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Inflation Rate Shrinks in Japan
9/25/2015Japan's core consumer price index, which ignores volatile food prices, shrank by 0.1% last month compared with August 2014, according to government data.
Toyota to Drop Prius Hybrid Production in China
9/25/2015Toyota Motor Corp. plans to phase out Chinese production of its Prius hybrid sedan by year end and will import the next-generation model from Japan, according to The Nikkei, which cites no sources.
Platinum Market Sags on Diesel Worries
9/24/2015Platinum prices have slumped to six-year lows on trader worries that Volkswagen AG's diesel emission test rigging scandal could stunt diesel sales, lowering lower demand for the catalytic material.
2016 Chevy Silverado Pickup Breaks Cover
9/24/2015General Motors Co. has unveiled a mid-cycle freshening for the 2016 Chevrolet Silverado pickup truck ahead of an all-new model due two years from now.
VW Not the First to Rig Emissions Tests
9/24/2015Volkswagen AG is not the first company that cheated to meet U.S. emissions regulations.
Mexico Vows Possible Sanctions Against VW in Diesel Scandal
9/24/2015Mexico has joined a growing list of countries promising regulatory sanctions against Volkswagen AG if it determines the carmaker sold diesel-powered vehicles there that were rigged to cheat the country's clean-air standards.
Winterkorn to Receive Pension Worth Nearly €29 Million
9/24/2015Former Volkswagen Group CEO Martin Winterkorn has amassed a pension that was worth €28.6 million at the end of 2014, and he could collect as much as €33 million more in severance pay after quitting on Wednesday, Bloomberg News reports.
Acquisitions Drive Growth for India’s Motherson Sumi
9/24/2015India's Motherson Sumi Systems Ltd. aims to triple sales to $18 billion by early 2020 from its volume in the fiscal year ended last March, The Nikkei reports.
VW May Delay Debut of Diesel Passat in Japan
9/24/2015Volkswagen AG says it may delay the introduction of its first diesel-powered car in Japan pending the outcome of the company's growing scandal over rigged diesel emission tests in the U.S.
Report: India’s Auto Industry Must Realign to Grow
9/23/2015India's auto market has great growth potential.